August 2019

Bitcoin News

A couple of weeks ago, a key license for Bakkt was approved by state regulators in New York, enabling it to become a limited trusted company.  Bakkt – founded last year – was created in order to “build the future of digital asset infrastructure.” This will facilitate the process for customers to keep their bitcoins and make cryptocurrency purchases. What this means in practical terms is that Bakkt will be able to store a variety…


Conducting Businesses in New York: Pros and Cons

Many people dream of having their own businesses.  But how practical is it?  What are some of the obstacles involved in opening and maintaining a business in America today? According to a recent National Bureau of Economic Research report, immigrants are twice as likely to have their own businesses in America than those who grew up in the country.  This generates $1 trillion in annual sales review.  One possible explanation for this is that people…


New York State Tightens Privacy Laws

New York State will soon have a new data security program to help protect businesses. Governor Andrew M. Cuomo just signed the bill that will update the state’s privacy law and will go into effect in 240 days. The law will expand what is defined as personal information and will add requirements and timelines for people to be notified of data breaches. As Cuomo said, “As technology seeps into practically every aspect of our daily…